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Keywords: Proof of work
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Journal Articles
Impact of Bitcoin mining and crypto market determinants on Bitcoin-based energy consumption
Available to Purchase
Journal:
Managerial Finance
Managerial Finance (2023) 49 (11): 1828–1846.
Published: 02 June 2023
... The findings show that escalating crypto market index and Ethereum prices with a one-month lag increases bitcoin-specific electricity consumption and carbon emissions. Green investors may shift to cryptocurrencies based on consensus other than of Proof-of-Work. Ethereum behaves like a substitute for Bitcoin...
